The Running of the Bulls in Arizona? No Way, Says Town

PAMPLONA, SPAIN - JULY 11: A fighting bull goes around Estafeta corner on the sixth day of the San Fermin running-of-the-bulls on July 11, 2011 in Pamplona, Spain. A Pamplona-like event is being considered in a suburb of Phoenix. (Photo by Denis Doyle/Getty Images)2011 Getty Images

Could the Running of the Bulls be charging its way to an American city?

Not so fast.

The Pamplona, Spain-style event is being considered in a Phoenix suburb, but it would have to take place without the town's support.

The decision protects the town's liability but doesn't keep the project from going forward.

Mayor Vincent Francia says a running of the bulls is fitting for Cave Creek. But he says the special-event permit was revoked because promoter Phil Immordino wouldn't provide sufficient insurance coverage.

The town wants $3 million in insurance for the event, but Immordino says he can only afford $2 million in coverage and still cover other costs.

Immordino adds the bull run will be similar to but safer than the one held annually in Spain. He says it would take place in a quarter-mile arena and use rodeo bulls instead of Mexican fighting bulls.